Crude oil inventories: +3.08 million barrels (expected: +0.5 million). This is a significant increase, exceeding the market consensus by more than sixfold (Bloomberg). Distillate inventories: -3.14 million barrels (expected: -1.25 million). A very deep decline, suggesting strong demand for diesel and heating oil or production issues. Gasoline inventories: -1.59…
The rupee appreciated 52 paise to close at 92.54 against the US dollar on Wednesday after US President Donald Trump announced a two-week suspension of military strikes against Iran and the Reserve Bank kept policy rates unchanged, PTI reported.Forex traders said investor sentiment improved following Governor Sanjay Malhotra’s assurance that recent forex measures do not…
As ‘Dhurandhar: The Revenge’ continues its strong run at the box office, its director Aditya Dhar has secured interim relief from the Bombay High Court in a defamation case tied to allegations of script theft.On Wednesday, the court passed an interim order restraining filmmaker Santosh Kumar from repeating claims that Dhar had copied the script…
Sahaja Yamalapalli taking shot (Photo by DLTA) NEW DELHI: Like the Delhi weather over the past two days, chilly and cold on Tuesday evening to warm and hot on Wednesday afternoon, Vaishnavi Adkar also had contrast in fortunes and performance in the BJK Cup.On Tuesday, against Indonesia’s Aunchisa Chanta, she was swept aside by the…
Temporary US-Iran ceasefire offers little relief for the oil and gas price crisis Source link
TEMPO.CO, Jakarta – The government of Australia is open to collaborating with the city of Palembang, South Sumatra, in the tourism and cultural sectors. This comes as there is a growing interest in expanding Australian tourists’ destinations to various regions in Indonesia. The Australian Ambassador to Indonesia, Rod Brazier, stated that Palembang is one of the areas with…
RBI’s message is clear: the initial supply shock can potentially transform into a demand shock. (AI image) The US-Iran war has caused major disruptions for global markets and economies, and India as the world’s fifth largest economy is not immune to the shock. Heavily dependent on imports to meet its crude needs, a rise in…
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BCCI curbs extra players’ movement (PTI Photo) NEW DELHI: The BCCI has introduced a new rule in IPL 2026 to limit the movement of substitute and benched players during matches, according to a report from Cricbuzz. Under this update, only the 16 players named in the match squad are allowed on the field, while others…
The owner of a company hiring out rubbish skips in Essex has pleaded guilty to a range of offences over how the business was run. Roy Brett’s yard is nestled in green fields near Braintree, but he ignored repeated warnings about the amount of skips and waste built up at the site through his company,…
